20 January 2017
visit http://www.wolterskluwerfs.com

Digital challenger Atom Bank hires chief innovation officer

15 April 2014  |  9866 views  |  0 light bulbs

Atom Bank, the UK-based digital financial services start-up, has hired a chief innovation officer and a deputy director from the North East Local Enterprise Partnership.

The two new hires are Edward Twiddy, director of the North East Local Enterprise Partnership (LEP), who will join as chief innovation officer and LEP deputy director Sophie Haagensen, in an unspecified role.

Working together with Anthony Thomson, founder and the first chairman of Metro Bank and Mark Mullen, former CEO of first direct, to launch a digital-first alternative to the established banks, Twiddy will be the driving force behind innovation and operations.

Atom proposes to apply to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to be authorised and regulated to carry on banking business including by offering current and savings accounts and loans.

Anthony Thomson, chairman of Atom says of the new hires: "As the UK's first truly digital bank, innovation will be at the heart of everything we do. We believe Edward will be the perfect person to drive this with his years of experience and tremendous range of skills and expertise. He has done a brilliant job in supporting northern businesses and I know that he will continue to champion local businesses in his new role at Atom.

"Sophie has also been very active in the North East as deputy director and she brings additional complementary skills to the Atom team."

Over the course of eleven years in central government Twiddy held a senior post in the Prime Minister's Delivery Unit and was in Ruth Kelly's private office whilst she was the Financial Secretary. From spring 2003, he was seconded to the Foreign and Commonwealth office for 18 months to lead economic and banking reform in the cross-departmental Iraq Policy Unit during which he was involved in the granting of independence to the Central Bank and the introduction of a new Iraqi currency. He was also a member of the resolution team that stabilised Northern Rock and some of the early victims of the financial crisis

Haagensen joined the LEP from the Department for Work and Pensions, where she led a strategy team responsible for providing advice to government ministers on the viability of new policy proposals. She also advised on the digitalisation of services in the North East and managed a major organisational restructure to deliver digital transformation.
KeywordsPEOPLE

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Metro Bank founder to launch digital bank; recruits first direct's Mullen

Metro Bank founder to launch digital bank; recruits first direct's Mullen

09 April 2014  |  12908 views  |  9 comments | 19 tweets | 14 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit capgemini.comvisit wavestone.co.ukhttp://www.financialcrimerisk.fiserv.com/aml?r=finextra

Who is commenting?

Top topics

Most viewed Most shared
Banks face big profit loss to digitisation - McKinseyBanks face big profit loss to digitisation...
16001 views comments | 91 tweets | 110 linkedin
Seven banks plan blockchain platform for SMEsSeven banks plan blockchain platform for S...
12714 views comments | 48 tweets | 44 linkedin
Accenture beats Brexit blues with largest-ever London startup programmeAccenture beats Brexit blues with largest-...
10963 views comments | 31 tweets | 20 linkedin
US fintech firms join forces to push data sharing via APIsUS fintech firms join forces to push data...
6411 views comments | 39 tweets | 39 linkedin
HSBC forms tech advisory boardHSBC forms tech advisory board
6333 views comments | 21 tweets | 23 linkedin

Featured job

to Six-Figure Base, Bonus, Benefits
London, UK

Find your next job